Today, natural gas price is demonstrating new negative trades, attempting to diverge from the bearish trend line visible on the chart. This reinforces the outlook for a continued bearish trend, with initial targets focused on breaking below 2.225 to potentially extend towards 2.100$.
The overall forecast maintains a bearish bias for the upcoming period unless there is a decisive breach above 2.580$ accompanied by sustained trading above this level.
For today’s trading, the expected range is anticipated to fluctuate between 2.200$ support and 2.400$ resistance.
Trend Forecast: Bearish
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